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Strait of Hormuz: the world's most important oil artery
* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of 20.5 million barrels per day (bpd) of crude oil, condensate and oil products passed through Hormuz in January-September 2023, data from analytics firm Vortexa showed.
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Experts including Sal Mercogliano, a maritime historian at Campbell University in North Carolina and a former merchant ...
1don MSN
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Recent exchanges between Israel and Iran have raised market concerns over potential disruptions to trade flows through the ...
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific ...
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